Companies

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International

China’s CXMT wins $3 billion memory supply deal with Tencent, sources say

(Reuters) - Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings (0700.HK), opens…

International

Gold slips as fresh US-Iran strikes boost oil, Fed rate-hike bets weigh

(Reuters) - Gold prices eased on Monday as recent ‌U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations…

International

Dollar set for best month in nearly a year as bulls grow confident

(Reuters) - The dollar was headed for its biggest monthly gain in nearly a year on Monday, ​supported by the…

International

Stocks perk up and oil cools as US and Iran halt hostilities

(Reuters) - European stocks and U.S. futures ticked higher on Monday after ​the U.S. and Iran agreed to halt recent…

Entrepreneurship

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Manufacturing

Chemicals maker Chilmund expands into regional markets

Local water treatment chemicals manufacturer, Chilmund Chemicals, has expanded its footprint into regional markets, riding on a US$25 million investment…

Telecomms

TelOne touts US$250m transformation strategy

State-owned telecommunications operator TelOne has adopted an ambitious transformation strategy that will require about US$250 million to reinvent the company…

Energy

Kariba powers Zim as load-shedding eases

During drought years, water allocations decline, forcing the utility to rely more heavily on higher-cost electricity sources.ZESA Holdings says Kariba…

Mining

Shabanie workers win big in landmark court ruling

The case centred on the termination of the workers' employment in October 2011, following SMM’s placement on reconstruction in 2004…